Alternative Minimum Tax Is Here To Stay

Advisers plan to keep some clients out of the AMT - and get others into it - to save them money

This transcript has been automatically generated and may not be 100% accurate.

... the rarer the room ... the empty streets here to the current one is using taxpayers' is the alternative minimum tax and that is here ... every year at the end of the year Congress in fights and Elena not going to patch it then isn't that support inflation so that doesn't tickle more millions more people ... are consuming one brand ... and is near the end of the year was filled with the laundry the despatch of the price to permanently so the ante is here to stay in its second relicensing form it's going to be in now ... and read out in the dock it advises this year or are ... acting on that ... on some their claims by the middle of January will have estimated considered there to ALM ... there's a scene with the empty ... some ... advisors also in this new tax regime are looking at how the AMT might play a role in how their wealthier clients to manage their taxes reduce their taxes ... the ant is associated with higher tax rate because though its calculated that person that has a lower top ... bracket it's a break atop reckons twenty percent ... as opposed to thirty nine point six for the ordinary for income tax ... so some advisors are looking at whether or not ... they can just up as much income as possible into TNT bracket for ... the ante on had a great fit for ... clients ... it has been discussing that this time I ... think your team team I support and advice is to have the least ugly incident standing and it ... was like the interim Prime Grayling who really takes up a lot of space is likely to have to clients ... a key reason tax bill or lower their tax bill ... aam ... and is complicating the CPE is ... cringe ... aam to do when it is planning on of the time they're all kinds of other triggers them apples and make it complicated ... hello works here's the over a certain income thresholds ... on taxpayer has to deal with that with the legal and email attacks versus what they were no wonder he didn't even pay high ... me and Auntie woes to weigh in with the standard deduction and exemptions and they put their own rules in place ... and so advisers don't expect to be able to take a pop quiz on it tomorrow doing well in these kids know who the hell works ... on ... so your plans may ... lead to better ... my uni Antibes here with that about twenty percent of credit ... and some may want to keep out of the empty can clearly remember as with anything ... don't let the tax tail WAG the dog ... the ... the the ...